June 28, 2024 9:33 am
Industrial output in South Korea was reported to have shrunk at a monthly rate of 1.2% in May, after a revised up 2.4% surge in April. In annual terms, the nation’s industrial production expanded 3.5% in May, after a revised up 6.2% increase in April. May has been the 10th straight month of year-on-year output […]
Read moreJune 28, 2024 7:51 am
The unemployment rate in Japan was reported at 2.6% in May, while remaining stable for the fourth consecutive month and also in line with market consensus. It has been the highest jobless rate since September 2023, data by the Ministry of Internal Affairs & Communications showed. The number of unemployed persons went down by 10,000 […]
Read moreJune 27, 2024 2:07 pm
Annual producer inflation in South Africa has eased to 4.6% in May from a six-month high of 5.1% in April, data by Statistics South Africa showed. In comparison, market consensus had pointed to a lesser slowdown – to 4.8%. In May, inflation slowed for non-metallic mineral products (3.6% YoY versus 6.6% YoY in April) and […]
Read moreJune 27, 2024 10:58 am
Corning (NYSE: GLW) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.28 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 27th to shareholders of record as of the close of business on […]
Read moreJune 27, 2024 8:59 am
The Swedish Krona weakened against the Euro on Thursday, after Riksbank left its benchmark policy rate without change at 3.75% at its June meeting, in line with market consensus. The decision came after in May Riksbank had delivered the first rate cut since 2016. The central bank noted that inflation was approaching the 2% objective, […]
Read moreJune 27, 2024 6:56 am
The seasonally adjusted unemployment rate in Norway was reported to have decreased to 4.1% in May from a 3-month high of 4.3% in April. The number of unemployed individuals dropped by 7,000 from the prior month to 123,000, data by Statistics Norway showed. At the same time, the number of employed individuals decreased by 4,000 […]
Read moreJune 26, 2024 2:13 pm
The investors’ sentiment index for Switzerland was reported to have decreased to a level of 17.5 in May from a 2 1/2-year high of 18.2 in April. According to UBS, which collaborates with the CFA Society Switzerland to publish the data, participants in the survey were mostly concerned about the approaching elections in France and […]
Read moreJune 26, 2024 11:05 am
Singapore’s manufacturing output has increased at an annualized rate of 2.9% in May, while rebounding from a 1.2% drop in April. The latest data exceeded market consensus of a 2% growth. In May, production rebounded for electronics (20.1% YoY after a 1.1% YoY slump in April). In the meantime, output growth picked up for chemicals […]
Read moreJune 26, 2024 9:09 am
Markel Group Inc (NYSE: MKL) said on Tuesday that it had entered into a definitive agreement to acquire a majority interest in Valor Environmental and its related operating companies. The transaction, which is subject to customary closing conditions, is to be finalized in the second quarter of 2024. Markel Group did not disclose any additional […]
Read moreJune 26, 2024 7:55 am
S&P Global (NYSE: SPGI) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.91 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on September 11th to shareholders of record as of the close of business […]
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